EUR/USD continues to get its fingers stamped on anytime it tries to clamber up from the cliff face. A new low of 1.2716 was posted moments ago. Cable and the Aussie are feeling weak at the knees in the face of dollar strength but the yen is still playing hard to get.
EUR/GBP has also moved through support at 0.7990 and is being held up by the 100 h4 ma at 0.7980, It’s all small steps at the moment.
EUR/GBP H4 chart 21 10 2014
Still, below here the bigger test will be at 0.7850.
Watch 0.7890 to become resistance and adding to the resistance above.
